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China shares slip after Party's party, others firm ahead of US jobs data


By Hideyuki Sano
TOKYO (Reuters) - Chinese shares dropped on Friday, a day after China s Communist Party celebrated its centenary, while other regional markets held firm following Wall Street s ascent to record highs ahead of U.S. jobs data due out later in the global day.
Japan s Nikkei gained 0.3% and most other markets held on to slim gains but MSCI s broadest index of Asia-Pacific shares outside Japan fell 0.7%, due to decline in Chinese and Hong Kong shares.
Shanghai Composite fell 1.2%, amid speculation the Chinese central bank could begin tightening monetary policy, and some possible unease among overseas investors over President Xi Jinping s warning to foreign powers in a speech to mark his party s centenary. ....

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